Buffalo Wild Wings shares are getting annihilated

The stock is around $156 per share, down 14.8% from Tuesday's
closing price.

The move comes after the company's disappointing Q1 earnings
announcement.

Quarterly revenue jumped 19.8% to $440.6 million, but that was
lower than the $452.7 million estimated by analysts.

Comparable store sales jumped 7%, but fell short of the 8.6%
expected.

A 41% jump in the cost of chicken wings put the squeeze on profit
margin, causing earnings to climb by just 1.7% to $1.52 per
share, missing expectations for $1.63.

The stock is down by around 10% in after-hours trading.

While investors and traders may be disappointed, management
isn't.

"We're pleased with our first quarter same-store sales of 7.0% at
company-owned restaurants and 6.0% at franchised locations,"
CEO Sally Smith. "Sales were exceptionally strong during the
college football bowl games as well as the NFL playoffs. Buffalo
Wild Wings really came alive during March Madness® and we
launched a new advertising campaign with unique commercials for
each round of the tournament."

Smith, however, confirmed that sales growth has been decelerating
early in the second quarter.

"Same-store sales increased 4.2% at company-owned restaurants and
1.8% at franchised locations for the first four weeks of the
second quarter of 2015 compared to 5.7% and 4.4%, respectively,
for the same period last year."